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Letter "S" » Sung Won Sohn Quotes
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«If they keep the word, the financial markets will like that, because the Fed has put itself in a self-imposed box. If they discard the word measured, they'll be saying they're free to do what they want.»
Author: Sung Won Sohn
«Crowding out could become a distinct possibility in the future, pushing up interest rates significantly in 2005 and beyond,»
Author: Sung Won Sohn
«[Fed Chairman Alan] Greenspan would like to see employment gains of 150,000 or more jobs for a few months before dropping the words, 'considerable period'.»
Author: Sung Won Sohn
«Both consumer and business confidence is depressed because of uncertainty surrounding the war, ... If we can somehow bring closure to the war situation, I would expect confidence to improve dramatically, taking with it the economy and the stock market.»
Author: Sung Won Sohn
«In the early stage of an economic recovery it is almost normal to see some volatility in consumer confidence because the jobless rate continues to rise, jarring people's confidence, ... However, all the pieces are in place to generate recovery, including healthy spending, robust housing and record low [business] inventories.»
Author: Sung Won Sohn
«It is unclear how much financial infrastructure has been damaged, ... At least temporarily, the financial system could be frozen, further damaging the economy.»
Author: Sung Won Sohn
«We've been able to have our cake and eat it too -- satisfy our demand for goods and services and at lower prices,»
Author: Sung Won Sohn
«If they don't deliver, we could see a sharp sell-off in markets and a drop in consumer confidence,»
Author: Sung Won Sohn
«Corporate profits are likely to rise at double-digit rates in the second half of the year. And that will be hopefully enough to offset some of the negative psychology in the stock market -- assuming it doesn't get worse.»
Author: Sung Won Sohn
«Maybe the stock market bottomed on Sept. 21 ? and maybe the economy did the same.»
Author: Sung Won Sohn
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